Quick Takeaways
- Pi Network introduced new tools (SoloHost, Pi Sign-in, PiVerify) aimed at expanding beyond native apps into AI, digital identity, and third-party integrations, signaling a broader ecosystem vision.
- Despite positive reactions to the new features, many community members focus on urgent issues like KYC and migration problems before new releases.
- The PI token’s price continues to decline, hitting a new all-time low of around $0.11, down 96% from its $3 peak earlier in 2025, with recent signs of reduced sell pressure.
- Future price stability may be helped by lower upcoming token unlocks (around 127.5 million PI over 30 days) and decreasing exchange holdings, which could ease selling pressure.
Pi Network (PI) News Today: July 2
Recent Developments
Pi Network remains busy with updates despite its token’s falling price. Recently, the project announced three new tools: SoloHost, Pi Sign-in, and PiVerify. These tools aim to grow the ecosystem beyond mobile apps and into areas like artificial intelligence, digital identity, and third-party services. The core team explained that these releases help build both within the Pi community and outside it. Their goal is to add real utility and extend Pi’s services to more users.
People in the community generally welcomed these updates. Some, like Onur and CiDi Games, called them “banger updates” and said they point toward meaningful utility. However, others were less positive. Many community members urged the team to focus on fixing ongoing issues, especially Know Your Customer (KYC) and migration problems. They believe solving these problems is more urgent than adding new features.
Price and Market Movement
Following Pi2Day, the project’s token, PI, continued to lose value. The price dropped to a new all-time low of about $0.11 by the end of June. Currently, as of July 2, PI trades around $0.115. This is a small increase of 0.8% from yesterday, but it still reflects a 96% decline since the $3 peak at the start of 2025.
Market watchers note some signs that selling pressure could slow down. The amount of PI on exchanges decreased by 260,000 tokens in one day, now totaling about 553.3 million. Additionally, upcoming token unlocks may help stabilize prices. Over the next month, about 127.5 million PI will be released gradually, less than in previous months. This slower unlock schedule might ease selling pressure and support a period of price stability.
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